Mercer to launch first fund manager ‘supermarket’

Launch of platform giving pension funds and other investors easier and lower-cost access to fund managers slated for this year

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By

Tabby Kinder

October 12, 2017 Updated: 12:00 p.m. GMT

Mercer is set to become the latest firm to launch an investment platform that gives pension funds and other investors access to fund managers at a low cost.

The consultancy told a small group of its investors about its plans for its first investment management platform this week. It follows a similar launch announced by rival Willis Towers Watson in February, which created a platform aimed at giving investors cheaper and easier access to hedge funds.